New York regulators are expected to release new rules tomorrow that require agents to disclose to clients some aspects of their compensation, although the rules are more palatable to agents than previous proposed regulations, according to an agents’ trade group. …
Soft Market, Economy, Taxes and the Producer Dilemma on the Frontlines for Agents To be proactive, one needs to understand and exploit current and future trends. Most trends can be predicated by understanding recurring cycles and applying that knowledge to …
The Securities and Exchange Commission culture that allowed the Madoff fraud scandal to go undetected for nearly two decades may not change and the agency isn’t doing enough to support investor protection proposals in Congress, according to a top state …
American International Group and former chief executive Maurice “Hank” Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write his memoir, as well as …
Three former Marsh Inc. executives have been acquitted of criminal charges in a bid-rigging and price-fixing scheme in which they were accused of colluding to steer clients to favored insurers. Joseph Peiser, who led Marsh’s excess casualty unit, and brokerage …
Three former Marsh Inc. executives were acquitted Monday of criminal charges in a bid-rigging and price-fixing scheme in which they were accused of colluding to steer clients to favored insurers. Joseph Peiser, who led Marsh’s excess casualty unit, and brokerage …
Size still matters, reminds a new report on the insurance brokerage market by Advisen Ltd. As a result, the frenetic pace of consolidation in the brokerage sector will be only temporarily slowed by the global economic recession. “Large brokers enjoy …
The marked trend toward consolidation in the insurance brokerage sector may have a hiccup, but it will not be slowed by the global economic recession, according to a new report on the insurance brokerage market by Advisen Ltd. According to …
Eric Dinallo, former New York superintendent of insurance, says he is gearing up for a possible election effort to be the state’s next attorney general. “I recently filed papers with the New York State Board of Elections to form a …
Dinallo, former New York superintendent of insurance, said Monday that he is gearing up for a possible election effort to be the state’s next attorney general. “I recently filed papers with the New York State Board of Elections to form …
